Ex-Troutman Atty Grilled Over $100M Loan Contract At Trial

Law360, New York (August 3, 2012, 7:30 PM EDT) -- A lawyer for real estate investor Rubin Schron blasted a former Troutman Sanders LLP attorney at a New York trial Friday for insisting that a $100 million loan that was part of a $1.3 billion acquisition deal for nursing homes had never been funded by Schron.

The $100 million loan is part of a larger battle rooted in Schron's $1.3 billion acquisition of nursing home operator Mariner Health Services Inc. in 2004. Leonard Grunstein, the former Troutman Sanders attorney who worked with Schron on the deal,...